Kelly Phillips Erb, known as Taxgirl, is a tax attorney, writer, and speaker who explains tax news, IRS updates, scams, financial crime, and money in plain English.
Similar Posts
More Murphy? Not So Much.
See, you thought that I was going to bring up the Murphy case. Again. But no. TaxProf blog is reporting that the Ninth Circuit in Polone v. Commissioner, No. 04-72672 (9th Cir. 10/11/07), aff’g T.C. Memo. 2003-339, expressly refused to “address whether amended § 104(a)(2) violates the Sixteenth Amendment.” Just saying.
Another EFTPS Scam Update
The tech blog at the Financial Times (FT.com) is offering some further insight into the EFTPS scam that I reported earlier. According to FT.com, the scam is part of the Zeus family. The links in the email take you to what is a real web site but along the way, a version of Zeus may…
Don't Forget Bitcoin At Tax Time
Getting those tax records together for the 2015 filing season? Don’t forget about Bitcoin. The Internal Revenue Service (IRS) issued guidance to taxpayers in 2014 on how to treat Bitcoin – and other virtual currency – for federal income tax purposes. That guidance, IRS Notice 2014-21, (downloads as a pdf) indicates that Bitcoin and other…
Uber Settles With Drivers Over Independent Contractor Claims Before IPO
After arguing for years that its drivers were not employees, the ride-share company Uber announced last week that it had settled with tens of thousands of drivers who claimed that they had been misclassified as independent contractors. The timing of the announcement wasn’t coincidental, coming just one day before Uber’s initial public offering (IPO) on the…
12 Questions To Ask When Choosing A Tax Preparer
Looking to hire a tax professional this tax season? Here are 12 questions to ask when choosing a tax preparer.
Ask The Taxgirl: Caught Cheating Red Handed
Taxpayer asks: I have been cheating on my taxes for a number of years and I never got caught. This year I got a letter from the IRS that they are denying a bunch of my deductions unless I can prove that there real. I can’t. I’m worried because I have done this for longer…
